Nasdaq to Invest $50M in Gemini as it Raises IPO Price to $24–$26 – These Cryptos could 1000x as a Result
Gemini aims to raise $400M+ as its IPO is valued around $3.2B, bringing new inflows that could see our crypto recommendations 1000x.
Gemini’s IPO is set to debut at a valuation of roughly $3.2B after the price range for its shares rose from an initial target of $17 to $19 to a new target of $24 to $26.
Current estimations suggest Gemini could raise around $430M. The crypto exchange, run by Cameron and Tyler Winklevoss, is planning to go live on the Nasdaq under the ticket $GEMI.
Sources told Reuters that $50M has already been raised after the Nasdaq agreed to invest, showing serious institutional confidence in Gemini.
As corporate adoption of crypto widens, we’ve identified three cryptocurrency projects that have the potential to skyrocket from additional capital inflows into the crypto space.
Read on and we’ll tell you more about why we think Bitcoin Hyper ($HYPER), Snorter Bot ($SNORT), and Toncoin ($TON) could 1000x as a result in the near future.
1. Bitcoin Hyper ($HYPER) – Taking the Bitcoin Network to the Next Level with Hyper Fast Layer-2 Capabilities.
Bitcoin Hyper ($HYPER) is changing the way we think about Bitcoin. As great as Bitcoin is as an investment, it’s not a particularly easy currency to use in your day-to-day life. Sending Bitcoin to another wallet is slow and expensive compared to transacting on blockchains like Solana.
The Bitcoin Hyper network addresses these issues with a Layer-2 that integrates the Solana Virtual Machine (SVM).
Not only does that speed up the rate of transactions and lower fees by taking advantage of zero-knowledge rollups, but adding a SVM into the mix also enables Bitcoin Hyper to support smart contracts.
Think about it – crypto swaps, NFT trades, and DeFi apps running on top of the Bitcoin network – all using $BTC as the underlying store of value without any of the downsides associated with Bitcoin.
It all works thanks to the Bitcoin Hyper Canonical Bridge. You send $BTC to a dedicated wallet address and, once verified, the same amount of wrapped $BTC will be minted on the Layer-2.
When you want to return your $BTC back to the Layer-1, simply send a withdrawal request using the $wBTC you have and your $BTC will be sent back to your wallet.
The $HYPER token makes everything work underneath the hood. In addition to lowering your fees when you interact with dApps or trade crypto on the Bitcoin Hyper network, holding $HYPER gives you governance rights, meaning you can vote on proposals in the Bitcoin Hyper DAO.
You can buy $HYPER right now in the official presale, but you have to be quick – it’s just broken the $15M mark and shows no signs of slowing down before the end of the presale. You can still get $HYPER at $0.012895 if you buy it right now.
Get your $HYPER tokens today and earn up to 74% in staking rewards.
2. Snorter ($SNORT) – Sniff Out New Tokens with this Advanced Telegram-Based Trading Bot
Snorter Token ($SNORT) is the presale token that powers Snorter Bot, a crypto trading bot that automates finding and selling the hottest new altcoins.
Snorter works entirely from inside Telegram, so you can run your whole crypto side-hustle from your phone. It scans popular blockchains for new altcoins that are performing well and presents the best ones to you for you to investigate further.
It takes a lot of the work out of verifying legit coins using a honeypot detection engine, which checks for known rugpull indicators, saving you valuable time in a market that’s already extremely fast-paced. In testing, Snorter detected rugpulls with an 85% success rate.
Pick the coins you’re trading and Snorter will take care of the rest with buy and sell orders that kick in as soon as the crypto you’re interested in hits the price point you want.
Snorter will support the Solana blockchain from day one of release, with modules released post-launch for Ethereum, BNB, Polygon, and Base.
Snorter’s real power is unlocked by using the $SNORT token. With it, you get:
- A lowered transaction fee of 0.85% (compared to 1.5%)
- The ability to mirror trades made by other wallets
- Uncapped daily trading
- Access to a high-speed RPC for sub-second trade execution.
The Snorter Bot won’t be listed on CEXs or DEXs until around Q4 2025, but in the meantime there’s a presale opportunity to snap up $SNORT cheaply before the full release.
The presale, by the way, has already raised $3.85M – a clear indication of strong investor interest.
Currently, $SNORT is available for $0.1041, but the longer you delay the more the price will increase. There are also some juicy staking rewards on offer – 120% per annum if you buy in now.
Join the Snorter Token presale today before it hits the $4M mark.
3. Toncoin ($TON) – The Native Token of a Full Web3 Ecosystem for Telegram
Toincoin ($TON) is the native token of The Open Network, which is a full blockchain integrated with Telegram. With 1B+ active users, Telegram is the ideal space to offer native Web3 applications. After all, it’s one of the most popular platforms for crypto trading and news already.
Toncoin can be used for payment across the Telegram Web3 space, powering smart contracts and enabling crypto swaps without ever needing to leave the Telegram app.
In fact, Toncoin allows you to send commission-free crypto transfers across the network to other Telegram users.
The Telegram devs are aiming to create a full ecosystem using $TON as the basis, offering a variety of apps that offer features like:
- eSims
- Content monetization
- NFT trading
- Telegram subscriptions
- Decentralized storage
- GameFi.
If even a small portion of Telegram’s existing user base adopts $TON, we expect to see the value of this coin skyrocket from capital inflow. It’s currently trading at $3.21, but after recent listings on Gemini, as well as Robinhood, we expect to see the value of this coin grow quickly.
Toncoin can be traded on Gemini now.
The crypto market is volatile. Be sure to always do your own research before investing – and only invest what you’re prepared to lose. This article is not financial advice.
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Krasimir Rusev is a journalist with many years of experience in covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source of information for investors, traders, and anyone who follows the dynamics of the crypto world.
